Bitcoin underperformed gold, but the golden age of the crypto economy has just begun.
Author:Ryan Watkins
Compiled by: Shenchao TechFlow
Introduction: In 2026, the crypto economy is at its most critical transition point in eight years. This article delves into how the market has achieved a ‘soft landing’ from the overblown expectations of 2021 and is gradually building a valuation framework based on cash flows and real-world use cases.
The author explains the growing pains of the past four years using the ‘Red Queen Effect’ and points out that with the easing of U.S. regulations and the explosion of enterprise-level applications, crypto assets are transitioning from cyclical speculation to long-term secular growth.
Facing a global trust crisis and currency devaluation, this is not just an industry recovery but also the rise…
